MARKET INFRASTRUCTURE

Market Infrastructure

NYSE, Nasdaq Expected to See More Capital Raises via Direct Listings

By Mark Johnston | 16/12/2022

The SEC is expected to permit the NYSE to ease its rules for direct listings, after a similar approval was granted to Nasdaq earlier this month.

Market Infrastructure

Navigating China Cross-border Data Transfer Rules

By Anna Gamvros | 15/12/2022

Anna Gamvros and Ruby Kwok explain the compliance burden businesses face as China’s complex data governance landscape takes shape and the deadline for security assessments looms.

Crypto / Digital Assets

Australia Seeks Input on Strategic Plan for Payments System

By Manesh Samtani | 15/12/2022

The government will also empower the RBA to regulate digital wallet providers and improve the regulatory framework for crypto service providers.

Market Infrastructure

HKEX Releases Details on Proposed Dual Counter Model

By Editors | 14/12/2022

Market makers and liquidity providers for the dual counter model will be onboarded starting in the first half of 2023.

Capital / Liquidity

UK Proposes Extensive Overhaul of Financial Services Regulations

By Manesh Samtani | 12/12/2022

The reforms include overhauls of the ring-fencing and senior managers regimes, a new green finance strategy, and an investment management exemption for cryptoassets.

Capital / Liquidity

FSB Announces Decision to Discontinue Annual G-SII Identification

By Editors | 12/12/2022

The FSB will instead use assessments available through the IAIS Holistic Framework to inform its considerations of systemic risk in the insurance sector.

Market Infrastructure

Japan FSA Finalises New Derivatives Reporting Guidelines

By Editors | 12/12/2022

The guidelines and associated reporting requirements will take effect on 1 April 2024, incorporating the UTI and CDE.

Securities / Derivatives

Industry Ranks Singapore Top APAC Market to Operate In

By Editors | 11/12/2022

In an ASIFMA survey, capital market participants ranked Singapore as the top market for its political environment and predictable and transparent regulatory policy.

Crypto / Digital Assets

RBNZ to Start Monitoring Local Use of Crypto, Stablecoins

By Manesh Samtani | 11/12/2022

The monitoring framework will help the RBNZ understand how the market for new forms of money is developing and the implications for the monetary system.